03520oam 22007455 450 991082753090332120200520144314.01-282-42225-197866124222560-8213-8179-210.1596/978-0-8213-8178-6(CKB)2560000000008042(EBL)476204(OCoLC)536301137(SSID)ssj0000085317(PQKBManifestationID)11980749(PQKBTitleCode)TC0000085317(PQKBWorkID)10010523(PQKB)11032378(MiAaPQ)EBC476204(Au-PeEL)EBL476204(CaPaEBR)ebr10356779(CaONFJC)MIL242225(The World Bank)ocn437115110(US-djbf)15909772(EXLCZ)99256000000000804220090917d2010 uf 0engurcn|||||||||txtrdacontentcrdamediacrrdacarrierAlternative remittance systems and terrorism financing : issues in risk management /Matteo VaccaniWashington, D.C. :World Bank,c2010.vii, 28 pages illustrations, map ;26 cmWorld bank working paper,1726-5878 ;no. 180Description based upon print version of record.0-8213-8178-4 Includes bibliographical references.Contents; Foreword; Acknowledgments; Acronyms and Abbreviations; Author's Biography; 1. Introduction; 2. Anatomy of the System; Figure 2.1. Basic ARS Transaction Model; 3. Vulnerability to Terrorism Financing; Figure 3.1. Ranjha Case Alleged Transfer Network, 2004-2007; Box 3.1. Al Barakaat: An Essential Chronology; 4. Risk Mitigation Measures; Figure 4.1. Remittance Inflow Recurring Patterns, 1994-2007; 5. Conclusion; Appendix. ARS Settlement Models; Figure A.1. Offsetting Transaction Settlement; Figure A.2. Bilateral Financial Settlement; Figure A.3. Multilateral Financial SettlementFigure A.4. Bilateral Trade Settlement Figure A.5. Multilateral Trade Settlement; Figure A.6. Smuggling Settlement; ReferencesThis paper is designed to cover a subset of such category, i.e. the realm of unregulated/informal Alternative Remittance Systems, also known as informal value transfer systems (IVTS). In these cases, operators form a parallel, underground financial system aimed at rapidly and effectively moving value within or between jurisdictions, often without being detected by regulators and law enforcement, and usually without available transaction records. Where prevalent (as it is often the case in low-income economies), ARS are frequently the only mechanism by which the poor or isolated can send and reWorld Bank e-Library.World Bank working paper ;no. 180.TerrorismFinanceMoney launderingCapital movementsEmigrant remittancesTerrorismFinance.Money laundering.Capital movements.Emigrant remittances.363.325/16Vaccani Matteo1671908DLCDLCC#PBWXYDXCPMNWDLCBOOK9910827530903321Alternative remittance systems and terrorism financing4120159UNINA